Real Estate


Church acquires SW Austin office building

Austin Stone Community Church is the new owner of the Nine One Six office building in Southwest Austin. The church bought the two-story, 55,216-square-foot office building for an undisclosed price. The building is located off of Capital of Texas Highway (Loop 360) and Lost Creek Boulevard. The sale includes the 5.2 acres on which the building sits. Nine One Six is near upscale residential communities...
AISD LAND FOR SALE: Alamo Drafthouse eyes former school site for HQ

AISD LAND FOR SALE: Alamo Drafthouse eyes former school site for HQ

Alamo Drafthouse Cinema is seeking to move its headquarters to the Baker Center, one of 40 bids and proposals for 10 of the Austin school district’s surplus properties that remain in negotiations. Baker, a former school built in 1911, had a minimum bid of $10.6 million. Alamo was among the six bidders, and one of three (including the city) that made separate proposals for the property...
Lawsuit alleges ‘troubling pattern’ at Austin Board of Realtors

Lawsuit alleges ‘troubling pattern’ at Austin Board of Realtors

A lawsuit filed by two of its members accuses the Austin Board of Realtors of violating its own election bylaws and alleges “a troubling pattern of recent action” by the organization. The lawsuit, filed Wednesday in state District Court in Travis County, stems from the Aug. 2 removal of Cord Shiflet with Moreland Properties and Brian Talley of Regent Property Group from organization&rsquo...

Austin-area home sales up slightly in August

Central Texas home sales edged up only slightly in August, while the median home-sale price rose 4 percent to $300,000, the Austin Board of Realtors said Tuesday. Some local real estate agents say the latest figures could indicate that, although demand is still strong, the local real estate market has cooled off a bit. The board said 2,994 houses changed hands in August, a 1 percent increase over...
Central Texas home sales edge higher in August

Central Texas home sales edge higher in August

Central Texas home sales were up slightly in August year-over-year, and the median home-sale price rose 4 percent to $300,000, the Austin Board of Realtors said Tuesday. Some local real estate agents say the market has cooled some, but they say demand remains strong. The board said 2,994 houses changed hands in August, a 1 percent increase over August 2016. Half of the houses last month sold for more...

Resident feedback welcomed before sale of Westlake Drive tract

Three West Lake Hills residents said during the Sept. 23 West Lake Hiils City Council meeting that their interest was piqued by a sign on the greenspace adjacent to their homes that read “property for sale” but hadn’t heard prior that city officials were looking to sell the 2.46-acre bit of land owned by the city for decades at 110 Westlake Drive. The residents who can look into...
Kerbey Lane Cafe coming to Mueller development

Kerbey Lane Cafe coming to Mueller development

Four years after they staged an “eat in” in hopes of convincing Kerbey Lane Café to open a location in the Mueller area, residents there are about to get their wish. The Austin chain known for its queso and pancakes, among other menu offerings, said Wednesday that it will open a restaurant in the heart of the Central Austin development in fall 2018. It will be Kerbey Lane Café...
PANCAKES AND QUESO: Kerbey Lane Cafe coming to Mueller development

PANCAKES AND QUESO: Kerbey Lane Cafe coming to Mueller development

Four years after they staged an “eat in” in hopes of convincing Kerbey Lane Café to open a location in the Mueller area, residents there are about to get their wish. The beloved Austin chain known for its queso and pancakes, among other menu offerings, said Wednesday that it will open a restaurant in the heart of the Central Austin development in fall 2018. It’ll be Kerbey...
Texas insurers mobilizing to handle Harvey claims

Texas insurers mobilizing to handle Harvey claims

As Texas grapples with unprecedented flooding due to Tropical Storm Harvey, “catastrophe teams” from insurance companies are moving in to assess damage to hard-hit areas, the Insurance Council of Texas said. The Houston area has seen widespread flooding and more rain expected throughout the week. Other Southeast Texas counties also are seeing significant flooding, the state industry trade...
Plans for revamped San Marcos shopping center include 233 apartments

Plans for revamped San Marcos shopping center include 233 apartments

An Austin developer has changed course on plans to revamp a San Marcos shopping center. Since taking control of Springtown Center in 2014, Endeavor Real Estate has landed a number of high-profile tenants to fill what was, at the time, a sickly strip mall that was only 10 percent occupied. Additions have included heavy hitters such as Chuy’s, Gold’s Gym and The Spot, an entertainment venue...
As demolitions rise in Austin, audit questions safety enforcement

As demolitions rise in Austin, audit questions safety enforcement

In recent years, Austin has seen a growing number of building demolitions as the city continues to redevelop, but an audit presented Tuesday found the city is failing to ensure that basic safety provisions are followed. The audit found that city staffers processing the permits are not fully considering some safety risks involving demolitions, including proper disposal of lead materials and state-required...
Cedar Park shopping center sells for $112.25 million

Cedar Park shopping center sells for $112.25 million

A Cedar Park shopping center has changed hands in a deal valued at $112.25 million. The Parke, which opened this year at 5001 183A toll road, is a 404,000-square-foot center anchored by the region’s first 365 by Whole Foods Market, Nordstrom Rack, Dick’s Sporting Goods and Field & Stream, among others. PHOTOS: Cedar Park’s 365 by Whole Foods Market store InvenTrust Properties Corp...
Central Texas home sales rise 2.8% in July

Central Texas home sales rise 2.8% in July

Austin-area home sales and prices continued on their upward trend in July, with both showing increases over the same month last year, the Austin Board of Realtors said Thursday. Sales of single-family homes rose 2.8 percent, with 2,892 houses changing hands, the board in its latest monthly report, which covers the five-county Austin region from Georgetown to San Marcos. Half the homes sold for more...
Austin couple sues homeowners group over condo sale

Austin couple sues homeowners group over condo sale

A couple who owned four units in the Villas on Town Lake is suing over the recent sale of the 1980s condominium project, saying they have yet to be paid $1.9 million they are owed. Kevin Green and his wife, Amy Edwards, filed the lawsuit in state district court in Travis County against the Villas on Town Lake homeowners’ association and individual board members. Also named as a defendant is...
Asking price slashed for ghost town once known as Bikinis, Texas

Asking price slashed for ghost town once known as Bikinis, Texas

The price has been slashed on a former Central Texas ghost town listed for sale earlier this year. Bankersmith – which was briefly known as Bikinis, Texas, after it was acquired by an Austin-based “breastaurant” chain – initially went on the market in January for $1.5 million. Eight months later, with no apparent takers, the 1.56-acre property at 7905 Old San Antonio Road in...
New owner for 2 downtown Austin hotels

New owner for 2 downtown Austin hotels

Two downtown Austin hotels have changed hands. The 134-room Hotel Indigo Austin Downtown – University and the 171-room Holiday Inn Express Austin Downtown University, which share a building at East Eighth and Red River streets, have been acquired by Nimes Real Estate, a Los Angeles-based firm with a regional headquarters in Austin. Holliday Fenoglio Fowler marketed the properties for the seller...
Man crushed by concrete slab at Southeast Austin construction site

Man crushed by concrete slab at Southeast Austin construction site

A man was crushed Wednesday morning when a concrete slab weighing 30,000 to 40,000 pounds fell on him at a construction site for an apartment complex in Southeast Austin. Emergency crews responded around 9:14 a.m. to reports of a man trapped under a slab just inside a fenced-off site at Wickersham Lane and Cromwell Circle. Rescuers initially were unable to get to the victim, who was pinned under the...
Austin developer Stratus building H-E-B center in College Station

Austin developer Stratus building H-E-B center in College Station

Austin developer Stratus Properties Inc. plans to build yet another H-E-B-anchored shopping center. The latest project, to be called Jones Crossing, will be in College Station. The 106,000-square-foot grocery store is expected to open in mid-2018, Stratus said, on a 72-acre site about three miles south of the main Texas A&M University campus. Stratus said it has secured a 99-year ground lease for...
Wooded 2-acre park planned for part of former Highland Mall site

Wooded 2-acre park planned for part of former Highland Mall site

A patch of asphalt on the southern edge of the former Highland Mall site in Central Austin will soon be remade into a lush 2-acre public park. The project is part of a bigger effort by Austin Community College, which now owns the property, to transform it into a bustling neighborhood with a college campus, housing, offices, shops, restaurants and other amenities in partnership with Austin developer...
Tallest tower yet planned for Austin skyline

Tallest tower yet planned for Austin skyline

A San Antonio-based developer is planning to build an 850-foot-tall skyscraper in downtown Austin, which would be the city’s tallest building. Lynd Development Partners is teaming with Dallas-based Lincoln Property Co. on the proposed mixed-use tower, which is planned for 600 Guadalupe St., Lynd’s president and CEO Michael Lynd Jr. told the American-Statesman. The building would have more...
EXCLUSIVE: Austin’s tallest tower planned for West Sixth and Guadalupe

EXCLUSIVE: Austin’s tallest tower planned for West Sixth and Guadalupe

A San Antonio-based developer is planning a skyscraper in downtown Austin that would soar 850 feet high which, if built, would make it the city’s tallest building. Lynd Development Partners is teaming with Dallas-based Lincoln Property Co. on the proposed mixed-use tower, which would be built at 600 Guadalupe St., Michael Lynd Jr., president and CEO of The Lynd Co., said in an interview with...
44-story apartment tower set for Warehouse District

44-story apartment tower set for Warehouse District

Developers planning a high-rise apartment tower in downtown Austin have filed for a permit with the city to demolish the existing Sullivan’s Steakhouse restaurant on the site. However, Sullivan’s is expected to be part of the new project. The high-rise is being planned for one-fourth of a block at at 300 Colorado St. The developers are Austin-based Riverside Resources and Ironwood Real...
Office rents at record highs in Central Texas market

Office rents at record highs in Central Texas market

Despite slightly slower growth in the Austin area’s economy, the region’s office market ended the second quarter on a strong note, with rents reaching record highs, according to a new report. Gross rents for top-flight office space (Class A) in Central Texas hit $39.19 per square foot per year in June, an all-time high and a jump of almost 7.8 percent from the prior June, according to...
As supply grows, renters finding relief in Austin apartment market

As supply grows, renters finding relief in Austin apartment market

In a good sign for Austin apartment dwellers, the metro area’s average apartment rental rates slowed their swift rise in the first half of the year as supply began to catch up with demand, industry experts say. In the Austin region — spanning from Georgetown to San Marcos — rents averaged $1,246 a month as of June, an increase of 1.5 percent year-over-year, according to Charles Heimsath&rsquo...
Boutique Canopy hotel planned for West Sixth Street

Boutique Canopy hotel planned for West Sixth Street

Plans are coming together for a new boutique hotel with a ground-floor restaurant on West Sixth Street, according to a filing with the city of Austin. Documents indicate the hotel, which would be affiliated with Hilton’s relatively new Canopy brand, would be built on the site of a now-vacant building at 612 W. Sixth St. That building formerly housed the Slate Restaurant and, before that, 219...
2 years after demolition, Jumpolin piñata store returns to East Austin

2 years after demolition, Jumpolin piñata store returns to East Austin

Jumpolin, the piñata store whose demolition two years ago sparked protests and debate about gentrification’s effects on East Austin neighborhoods, officially reopened Tuesday at a new location, one mile east from where the old one once stood. The store, which is now at 2605 E. Cesar Chavez St., will have a grand opening ceremony on Aug. 19, but the location is serving customers...
Federal cuts could worsen Austin’s affordability crisis, groups say

Federal cuts could worsen Austin’s affordability crisis, groups say

Budget cuts proposed by the Trump administration would have a devastating effect in Austin, a city already facing affordability issues, housing advocates say. At a rally Saturday morning outside City Hall, representatives from a number of community organizations said slashing federal housing funding by 15 percent – or $7 billion – would affect countless people already struggling to make...
EXCLUSIVE: Another high-rise set for Austin’s Rainey Street district

EXCLUSIVE: Another high-rise set for Austin’s Rainey Street district

Amid continued demand for downtown living, an Austin developer plans to build a residential high-rise in the Rainey Street area where a number of apartment and condominium projects have risen over the past decade. The project is proposed for 48 East Street, which formerly housed law offices and now has tenants leasing space on a short-term basis. Lee Development & Construction is the developer planning...

Austin-area home starts approach record level

A surge in homebuilding in Central Texas sent housing starts to a near all-time high in the second quarter, according to Metrostudy, which tracks the numbers. Vaike O’Grady, Metrostudy’s Austin regional director, released the latest figures Thursday during a mid-year forecast event sponsored by the Home Builders Association of Greater Austin. “The Austin housing market is benefiting...
Midyear report: Austin home sales growing, but at slower pace than ‘16

Midyear report: Austin home sales growing, but at slower pace than ‘16

Central Texas home sales slowed their growth rate in the first half of 2017, but home prices continued to rise at a steady clip, the Austin Board of Realtors said Thursday. Through the end of June, single-family sales in the five-county Austin metro area — stretching from Georgetown to San Marcos — rose 2.8 percent over the same period in 2016, totalling 14,958 sales. The median price...
MID-YEAR REPORT: Austin home sales still growing, but slower than 2016

MID-YEAR REPORT: Austin home sales still growing, but slower than 2016

Central Texas home sales grew at a slower pace in the first half of the year, while home prices continued to rise at a steady clip, the Austin Board of Realtors said Thursday. Through June, single-family sales in the five-county Austin metro area — stretching from Georgetown to San Marcos — rose 2.8 percent year-over-year to 14,958 sales. The median price of those sales was $300,000, a...
Barton Creek Resort plans $70M expansion, will add 10-story tower

Barton Creek Resort plans $70M expansion, will add 10-story tower

The 309-room Omni Barton Creek Resort & Spa is planning a major renovation and expansion that will cost nearly $70 million, according to filings with the city and state. Work on the project, which includes plans for a new 10-story hotel tower, will start this fall, with completion set for 2019, according to applications submitted by Dallas-based Omni Hotels & Resorts. The first phase has a $10.2 million...
Work starts on new Round Rock office building

Work starts on new Round Rock office building

Mark IV Capital Inc. has broken ground on Summit II at La Frontera, a 95,000-square-foot building scheduled to open in 2018 in Round Rock. Located near the intersection of Interstate 35 and Texas 45, the two-story building will be adjacent to the 87,186-square foot Summit I at La Frontera, which Mark IV purchased in 2013 and has since fully leased. Mark IV said it plans to connect the two buildings...
Texas leads U.S. in number of farms. It also leads in foreign-bought agricultural land.

Texas leads U.S. in number of farms. It also leads in foreign-bought agricultural land.

With good reason, Texas politicos like to brag on the state’s agricultural exploits: Texas leads the nation when it comes to cattle, cotton and hay production and boasts more farms and ranches than any other state in the union. But Texas agriculture has another distinction that gets considerably less attention. Over the last ten years, Texas also leads the nation when it comes to foreign purchases...
Retail boom: New shops, restaurants continue flooding into Austin area

Retail boom: New shops, restaurants continue flooding into Austin area

Austin remains atop the wish list for shops and restaurants of all sizes looking to expand, retail experts say. That includes both local chains and national outlets. A new report from Weitzman, a commercial real estate firm with offices across Texas, found that the Austin metro area has the strongest retail occupancy rate among all major U.S. markets. The rate currently sits at 96 percent, according...
40-story apartment tower set for downtown Austin’s eastern edge

40-story apartment tower set for downtown Austin’s eastern edge

The sale of a 58-unit condo project overlooking Lady Bird Lake is now final, paving the way for more high-rise residential development in the Rainey Street area on downtown Austin’s eastern edge. More than 80 percent of the owners of the decades-old Villas on Town Lake condominiums — the statutory requirement for a sale to occur — agreed to sell their units at the 2.3-acre waterfront...
Settlement gives residents a way out of illegal Caldwell development

Settlement gives residents a way out of illegal Caldwell development

The owner of an illegal subdivision that was allowed to operate in an isolated corner of Caldwell County for more than a decade despite being known to local regulators is finally being forced to pay for his years of failing to abide by state and county land-use rules. Richard Burns, whose Century Oak Estates was created and sustained with what officials described as a disregard for numerous real estate...
Settlement gives residents a way out of illegal Caldwell development

Settlement gives residents a way out of illegal Caldwell development

The owner of an illegal subdivision that was allowed to operate in an isolated corner of Caldwell County for more than a decade despite being known to local regulators is finally being forced to pay for his years of failing to abide by state and county land-use rules. Richard Burns, whose Century Oak Estates was created and sustained with what officials described as a disregard for numerous real-estate...
New owner for 5 NW Austin office buildings valued at $79 million

New owner for 5 NW Austin office buildings valued at $79 million

A portfolio of five Northwest Austin office buildings has changed hands. DivcoWest has sold The Campus at Arboretum to a partnership formed by Vanderbilt Partners and True North Management Group LLC, according to Holliday Fenoglio Fowler LP, which arranged the transaction. The Class A buildings have a total of 318,534 square feet and sit on 16.5 acres. They’re located at 10415 Morado Circle...
Herman: Move-in day nears for UT System Replacement Office Building

Herman: Move-in day nears for UT System Replacement Office Building

Downtown Austin is transmogrifying before our eyes as it turns into (Caution: columnist exaggeration ahead) Manhattan-on-the-Colorado. The signs are everywhere, helping us sort out which building will be what. There are hotels, office buildings, condos and all kinds of stuff that rich real estate investors think will make them even richer real estate investors. Eager to get in on the downtown crane...
Looking for a two-bedroom apartment here? You need to make $23 an hour

Looking for a two-bedroom apartment here? You need to make $23 an hour

Renters must earn at least $22.98 an hour — more than three times the minimum wage — to afford a typical two-bedroom apartment in the Austin area, a recent report reveals. The report, released this month by the National Low Income Housing Coalition, studied the wages needed to afford rental housing throughout the country and uncovered broad disparities, shedding light on an ever present...

Austin Salvation Army moves ahead on new shelter, command center

The Salvation Army of Austin will break ground Thursday on two major projects in East Austin: a new emergency shelter for women and children, and an area command building that will house administrative offices and a community center. The money for both projects comes from a capital campaign co-chaired by Austin philanthropist Dick Rathgeber. The fundraising effort topped its $17 million goal, raising...
‘Jenga tower’ starting to make mark on Austin’s skyline

‘Jenga tower’ starting to make mark on Austin’s skyline

This week, some Austinites might have noticed a change on the downtown skyline. Construction has progressed to the point that the Independent — nicknamed the “Jenga tower” — has started taking on elements of its defining look as the 58-story condominium project rises toward its place as the city’s tallest building and the tallest residential building west of the...
EXCLUSIVE: HomeAway plans major expansion, to add 2,000 workers in Austin

EXCLUSIVE: HomeAway plans major expansion, to add 2,000 workers in Austin

Austin-based HomeAway said it is planning a major expansion at The Domain in North Austin, where the nation’s largest vacation rental company will establish its global headquarters in a 16-story office tower that will house more than 2,000 additional employees. With the expansion, the company is “doubling down” on job growth in its hometown, where it now employs more than 1,500 people...
Austin-area home sales, median price climb in May

Austin-area home sales, median price climb in May

Central Texas’ housing market continues to sizzle. Sales of single-family homes in the Austin metro jumped 9 percent year over year in May, while the median sales price rose 8 percent, to $310,000, the Austin Board of Realtors said Thursday. The dollar volume of May’s 3,170 sales topped $1.2 billion, making May the highest-grossing month in the region’s history, the board said in...
BILLION-DOLLAR MARK REACHED: Austin-area home sales jump 9 percent in May

BILLION-DOLLAR MARK REACHED: Austin-area home sales jump 9 percent in May

Central Texas home sales jumped 9 percent year over year in May, while the median sales price rose 8 percent, to $310,000, the Austin Board of Realtors said Thursday. The dollar volume of May’s 3,170 home sales topped $1.2 billion, making May the highest-grossing month in the region’s history, the board said in its latest monthly report. May also was the first time this year that...
One of Texas’ best vacation spots is about to get even better

One of Texas’ best vacation spots is about to get even better

One of the top summer destinations in Texas is about to get a whole lot better, thanks to a massive expansion. According to the Houston Chronicle, the Cinnamon Shores vacation community in Port Aransas will receive a 300-acre, $1.3 billion expansion that will quadruple the size of the neighborhood.  The expansion will reportedly include a 3,300-foot-wide private beach, multiple swimming pools...
This $3.3 million Austin home has a theater that looks like an airplane cabin

This $3.3 million Austin home has a theater that looks like an airplane cabin

Love movies? Love travel? Have several million dollars to spend on a new home? You’re in luck. This 4,809-square-foot home for sale in West Austin features a home theater and entertainment room that will make you feel like you’re 40,000 feet above the earth. The house on Scout Island Circle, listed for nearly $3.3 million, has four bedrooms and five bathrooms. But it’s the media...
After neighbor complaints, East Austin’s Sekrit Theater is for sale for $3.5 million

After neighbor complaints, East Austin’s Sekrit Theater is for sale for $3.5 million

After complaints from neighbors, an East Austin man is putting his secret theater — or “Sekrit Theater” — up for sale. Beau Reichert, who has owned the property on Perry Road for about a decade, announced the sale on Facebook last month. Reichert originally moved to build an art studio (his doctor said it would help him make friends—Reichert has Asperger&rsquo...

Triangle finally comes together

Nearly 10 years after a local developer announced plans for a major shopping center at the intersection of North Lamar Boulevard and Guadalupe Street, the first businesses are finally moving into The Triangle. Among the first expected to open early next year is Mandola's Italian Market, a restaurant and imported food and wine store that is the latest venture of Damian Mandola. He's the nationally...
Take a video tour of Tyler Perry's $25 million estate

Take a video tour of Tyler Perry's $25 million estate

Tyler Perry’s estate was listed for sale for $25 million last year and just sold for $17.5 million.  The new owner is an "out-of-state buyer who got a good value," The Atlanta Journal-Constitution reported. "(It's) quite a deal for that volume of land in the most prestigious ZIP code in Atlanta. The land alone sold for $9 million back in 2005 when Tyler bought it,"...
Trump’s former $95 million mansion to be torn down

Trump’s former $95 million mansion to be torn down

An oceanfront mansion Donald Trump sold to a Russian billionaire for $95 million in 2008 is going to be torn down. The demolition of the estate, which was the largest single residential sale ever in Palm Beach, Florida, was approved this week. Long before he became the 2016 Republican presidential front-runner, Trump purchased the mansion in 2004 at a foreclosure auction for $41.4 million. He then...
Dr. Oz just bought this $18 million mansion

Dr. Oz just bought this $18 million mansion

Television personality and heart surgeon Dr. Oz and his wife are evidently behind the purchase of Louwana, a landmarked house built in 1919 that changed hands last week via an $18 million deed, according to records filed with the Palm Beach County Clerk’s Office. A three-year $5 million mortgage on the beachfront house bears the signatures of Mehmet C. Oz, better known simply as Dr. Oz, and...
Travis County puts civil courthouse bond election on ballot

Travis County puts civil courthouse bond election on ballot

After 15 years of plans, proposals and procrastination, Travis County’s vision for a new 14-story civil courthouse in downtown Austin will go before the voters in November. The county commissioners on Tuesday voted 5-0 to place a $287 million bond election on the November ballot for the courthouse, which would be built on the block south of Republic Square at Fourth and Guadalupe streets. It...
Free Tesla with every unit purchased at new condo

Free Tesla with every unit purchased at new condo

It’s not unusual for some high-end developments to throw in a few freebies to sweeten the pot, but one West Palm Beach, Florida project is taking it to a whole new level. The Z Palm Beach condominium is offering a complimentary Tesla Model S with each unit. The luxe electric car costs about $71,070, according to the Tesla website. The unique development will have just eight units...
Lavish 40-chandelier mansion hits market

Lavish 40-chandelier mansion hits market

A Palm Beach Gardens mansion with old world Italian details has been listed for sale at $30 million, a price tag that makes it the most expensive listing in the city and one that rivals even posh Palm Beach. The 16,000-square-foot home, dubbed Palazzo Grande, has six bedrooms, six full bathrooms and two half bathrooms, a 75-guest ballroom and 40 chandeliers, including 30 Czechoslovakian crystal...
“Ready for a face lift, or can be torn down”, never-lived in mansion on market

“Ready for a face lift, or can be torn down”, never-lived in mansion on market

An oceanfront mansion in Highland Beach is back on the market today with a $12.5 million price tag after a years-long foreclosure case, January auction and purchase this month by an LLC with a mind for flipping. Casa Bella Riente at 3621 South Ocean Boulevard was the subject of a foreclosure that began in 2008, with a final judgment rendered in favor of the bank in September 2013 for $17.8 million...

Q2 Holdings files for Austin’s first IPO of 2014

Austin could soon have its first IPO of the year: Q2 Holdings has filed to raise up to $138 million in an initial public offering of stock. Founded in 2004, the company provides electronic banking services to more than 300 banks and credit unions. Q2 said the number of shares to be sold and the price range for the proposed offering have not yet been determined. J.P. Morgan Securities and Stifel Nicolaus...

Silicon Laboratories reports second quarter earnings

Austin-based chip maker Silicon Laboratories Inc. reported that revenue in the second quarter increased from a year ago but fell from the previous quarter. The company reported revenue of $141.5 million, up 4.3 percent from a year ago, but down 2.6 percent from the first quarter. The company reported a profit of $12.6 million compared with $20.5 million a year ago. Silicon Labs makes a wide range...
Sponsored: Blackhawk offers something for everyone in your family

Sponsored: Blackhawk offers something for everyone in your family

The family-friendly Blackhawk community in Pflugerville plays host to a variety of new homes with amenities that cater to the whole family. The Grisby, at 2,382 square feet, features a great room and beautiful views of the backyard from the kitchen and the family room. A second living area separates two bedrooms. This home also has an oversized patio perfect for outdoor entertaining. You’ll...
Sponsored: Central Texas homes to open their doors for Tour of Homes

Sponsored: Central Texas homes to open their doors for Tour of Homes

Some of Central Texas’ most beautiful homes are preparing to open their doors this month in the annual three-day Tour of Homes, which will give you a chance to be a part of the ultimate open house. From May 17-19, the Home Builders Association of Greater Austin will host a tour of more than 60 homes throughout eight key area communities. The self-guided tour gives potential homebuyers a chance...
Home design projects increasingly taking pets into consideration

Home design projects increasingly taking pets into consideration

After moving into their Great Hills home eight years ago, Beth and Mark Wright decided it was time for a remodel. As they started the process, they focused on making the space better for everyone in their family – especially their 3-year-old golden retriever, Jazzy. “We always knew we needed a place for our sweet little girl,” Beth Wright said. “We don’t have any children...

Early peek puts family in dream home after months of searching

By Mauri Elbel Special to Statesman Solutions One week ago, the Carroll family moved into their new home nestled in Highland Hills, letting out a big sigh of relief after an exhausting six months of house hunting. When they decided to move back to Austin last year, finding a home in the current real estate market proved to be much more difficult than they anticipated. If it weren’t for finding...

Sponsored: Falcon Pointe redefines the meaning of ‘community’

The word is out about Newland Communities’ Falcon Pointe. Almost 50 homes have already been sold in the Pflugerville community this year, and there are more than 25 others under construction that will be ready for move-in before the next school year gets under way. And the schools that serve the community are right there, with a Pflugerville district tricampus on site. Why the buzz? Falcon Pointe...

Sponsored: Low maintenance, highest quality at The Grove at Falconhead

When life’s seasons change, there’s no reason to give up the lifestyle you desire. And the same goes for your home. At The Grove at Falconhead, homeowners will find quality-built, luxury homes with low-maintenance living and amenities galore. The community is perfect for everyone from busy young professionals, active families, retirees and those looking to downsize without sacrificing...

Sponsored: Location and value in Ryland Homes’ Whispering Hollow

When homebuyers were clamoring for quality and value in a premium location, the people at Ryland Homes heard them, loud and clear. They answered the call with Whispering Hollow in Buda. In Whispering Hollow, buyers can choose from 17 floor plans in two expanding sections. Homes range from about 1,600 square feet to almost 4,000 square feet and are priced from the low $200,000s. Add the serenity and...

Sponsored: Leisure activities, breathtaking homes abound at Rough Hollow

For a brief time, the purchase of a Scott Felder home in Rough Hollow will include a one-year golf membership to the Lakeway Country Club, one-year sport membership to World of Tennis or one-year membership to Freedom Boat Club. This is also your opportunity to get in early on the newest section of the community, the West Rim. Take advantage of pre-opening pricing for one of the 31 breathtaking 1/4-...

Sponsored: Build exactly what you want at the exclusive Canyons at Lake Travis

If you’re looking for a cozy haven where you can build the home of your dreams and enjoy amazing views, The Canyons at Lake Travis will meet your every need. This gated community in western Travis County offers a tight-knit feel for residents who also enjoy room to sprawl out on acre-plus lots that feature Hill Country and lake views. Partners in Building, the exclusive builder for the community...
Want some design help but short on time or money? Try e-design

Want some design help but short on time or money? Try e-design

Somewhere between “misty morning” and “misted fern,” the shades began to blur. My husband and I were in the midst of redecorating our guest room, and we were trying to select the perfect shade of green for the walls. As I plopped down on the carpet to flip through the paint chips for the umpteenth time, I silently wished I knew an interior decorator who could weigh in on the...

Finding your home sweet home in Austin

Austin is one of those cities that has it all. One of the greatest challenges about living here is finding that perfect spot that speaks to you — and as we discovered, sometimes that search proves to be a full-circle journey. When we moved back to Texas after years living and working abroad, we knew we wanted to live in Austin. And after a decade of renting, we were ready to buy. I had a brand-new...
Sponsored: Anything your heart desires in elegant Beltorre

Sponsored: Anything your heart desires in elegant Beltorre

Luxury is always on the wish list for a new home. Add amenities and a lot of options to that list as well. Then check them all off in Clear Rock Homes’ Beltorre. Beltorre, in Georgetown, is a prime place to put down roots. Lots are 1+ acres and sell for $63,000 to $99,000. Beautiful floorplans, ranging in size from 2,500 square feet to more than 4,000 square feet, start in the $350,000s. With...
Sponsored: Easy living, close in at NorthEdge

Sponsored: Easy living, close in at NorthEdge

On the north edge of Austin, close to just about everything, sits a community calling you home. Wes Peoples’ NorthEdge condo community is made up of 28 units starting in the $180,000s that all showcase green and contemporary design. The units are built in two or three levels for easy living. There’s no yard to mow or exterior projects for a weekend to-do list: The homeowners association...
Sponsored: Lakeside living with luxury at Waterstone

Sponsored: Lakeside living with luxury at Waterstone

Life on the lake means beautiful views, easy water access and relaxation. It also means a visit to Waterstone on Lake Travis. This condo development was designed by renowned architect Larry Speck to showcase the view, with large windows throughout each of the 71 units peering out onto the lake and the Hill Country. The luxurious modern interiors boast 10-foot ceilings, farmhouse-style sinks and Jenn-Air...
Sponsored: Build the foundation for your dream home with Jimmy Jacobs seminar

Sponsored: Build the foundation for your dream home with Jimmy Jacobs seminar

Jimmy Jacobs Custom Homes is sharing their design and building expertise with the public on Sunday, March 17. The free, informational Build-On-Your-Lot seminar will take place at their model home in Crystal Falls, located in Leander. These seminars are open to anyone either in the process of, or interested in, building a custom home in the future. From noon to 2 p.m., the seminar will focus on all...
Ideas for welcoming a new neighbor

Ideas for welcoming a new neighbor

We’ve all been there. A new couple moves in across the street. You want to introduce yourself, but you’re not sure how. Rather than waiting for an awkward run-in at the end of the cul-de-sac, why not take over a small, thoughtful gift to welcome them to the neighborhood? “I like cultivating good relationships with my neighbors,” said Nina Gordon, owner of Take Heart, a boutique...
Sponsored: Perfect homes for a picture-perfect Texas lifestyle

Sponsored: Perfect homes for a picture-perfect Texas lifestyle

Love your home, love your community and love Mother Nature with a Taylor Morrison home in Crystal Falls. This gated Leander community just opened a second phase for new homeowners, with floorplans ranging in size from 2,651 square feet to 4,200 square feet and everything in between. Prices start at $300,000, and buyers get a lot for their investment. All homes feature large social areas, spacious...
Making your home your own

Making your home your own

It’s midnight, and my feet are covered in confetti. No, I haven’t been re-enacting New Year’s Eve or working the night shift at Party City. Confetti is the deceivingly cheerful name of lavender paint my daughters hand-selected for their bedroom when we moved into our new house two months ago. Painting their bedroom is the second project I’ve tackled since we moved in. The first...
More sellers are getting their homes' asking price

More sellers are getting their homes' asking price

Good housing-market news keeps rolling in. The latest says that the gap between the seller’sasking price and the eventual sales price is narrowing, and that homes are selling faster. While this is obviously good news for sellers, buyers should welcome it too. If homes are selling faster and prices are firmer, the buyer faces less risk of losing money on a home purchase. ZipRealty...
Sweetwater offers location, upgrades and more for young family

Sweetwater offers location, upgrades and more for young family

When Matt and Kara Chavez were searching for a home last year, they were thinking long term. They considered their future neighborhood’s amenities. They wanted to make sure their girls would be in a good school district. And they were looking for a sense of community with other young families. “I grew up in Lakeway, so I always liked the area,” Matt Chavez said. “We were trying...
Free home tour to highlight new homes in Belterra

Free home tour to highlight new homes in Belterra

What: Model home tour featuring David Weekley Homes, Highland Homes, Sitterle Homes, Treaty Oak Homes and Wilshire Homes ranging from 1,800 to 4,600 square feet and priced from the mid-$200,000s to more than $500,000 When:1 to 4 p.m. Feb. 23-24 Where: Get maps and information at the Belterra Welcome Center, 151 Trinity Hills Drive, or start at any of the six model homes in the master-planned community...

For this family, yellow brick road led to Circle C

About a year ago, my then 3-year-old daughter became fascinated by the “Wizard of Oz.” Clad in a Dorothy-inspired dress and a pair of miniature ruby red slippers and accompanied by her trusty sidekick Tin Man (her baby sister, dressed in a bargain bin silver costume), she’d saunter through our Houston home quoting the movie. I soon knew every word by heart and found myself having...

C3 Presents buys Emo’s East music club

Emo’s East owner Frank Hendrix has sold the music club to Austin events company C3 Presents, C3 co-owner Charles Attal confirmed Monday. The sale, which includes the transfer of a 10-year lease but does not include the building, comes after over two months of negotiations between Hendrix and C3. “Frank contacted us a few months ago, and it was a natural progression for us, we already do...
Rents of $20,000 per night? Welcome to F1 week in Austin

Rents of $20,000 per night? Welcome to F1 week in Austin

Want a place to stay for the big Formula One race in November? How about paying $69,000 for a one-week stay on a 40-acre Austin estate, complete with a helicopter landing site? Then there's the luxury hacienda-style home of Clayton Christopher (co-founder and CEO of Deep Eddy Vodka, co-founder of Sweet Leaf Tea). His Lake Austin-area estate is available to rent for F1 week — for $25,000. Or...
Daughters of the Republic of Texas' big vision: A new museum, headquarters in East Austin

Daughters of the Republic of Texas' big vision: A new museum, headquarters in East Austin

More change is coming to East Austin. This time, it won't be a fancy new apartment or condo project reshaping the landscape, but rather a transformation meant to highlight, preserve and embrace Texas' Republic-era history. It's all part of the vision of the Daughters of the Republic of Texas to renovate four decades-old houses next to the French Legation Museum on San Marcos Street. The idea is to...

After dry spell, area's real estate development pipeline is flowing again

After several years with a virtually dry construction well, Central Texas' real estate development pump is being primed again. The pipeline of planned projects is replenishing, and construction cranes — the "state bird," as developers jokingly call it — are multiplying in the region. While the local apartment market has been sizzling for nearly two years, other sectors are now...
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